Power Breakfast: Dow Gives Up Gains For The Year On Fear Of Rising Interest Rates; META Jumps 3%

US market slipped again yesterday after a day's relief. The Dow fell 230 points to close at the day's low. The Dow gave up its entire gains for the year. Whereas Nasdaq fell slightly by 0.10% and Russell 2000 was up 0.38%. The market continues to decline due to the fear of rising interest rates. Bond yields rose again to near 3.95%. META jumped 3%. META is working on a new AI platform. Target gained 1% on the back of good results.